The corridor is the vertical section of the supply curve of reserves in the federal fund market.
The required double entry to adjust the accounts for salaries accrued at the end of the accounting period is a debit to the Salaries Expenses Account and a credit to the Salaries Payable Account.
- The Salaries Payable account is a current liability because the firm has not yet paid cash for.
- Debiting the Expense account and crediting the Payable account complete the double entry. This is a recognition of the accrual concept and the matching principle of generally accepted accounting principles.
Thus, the accrual concept and the matching principle require that expenses that have not been paid for be accounted for in the period that they are incurred to match with the revenue that they generated.
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Marketing Is promotions good and services
Answer: 59 days
Explanation: As we know that,
And,
where,
= $550,000
so,
=6.19
Now, putting the values into first formula we have :-
= 59 days
Answer:
The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.
Payback period A=2,1539 years.
Payback period B= 3,0042 years
Explanation:
The payback period refers to the amount of time it takes to recover the cost of an investment. The payback period is the length of time an investment reaches a breakeven point.
<u>Cash Flow A:</u>
$
I0= - 70.000
1= 28000 = -42000
2= 38000 = -4000
3= 26000 = 22000
Payback period= full years until recovery +
unrecovered cost beginning year/Cashflow during year
Payback period A= 2 + (4000/26000)= 2,1539 years.
<u>Cash Flow B:</u>
$
I0= -80000
1= 20000 = -60000
2= 23000 = -37000
3= 36000 = -1000
4= 240000 = 239000
Payback period B= 3 + 1000/240000= 3,0042 years
<u>The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B. </u>
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